Cost of Living Comparison Between Medellin and Binangonan Cost of Living Comparison Between Medellin and Binangonan

Monthly Cost of Living

Monthly costs for one person with rent: $1,003 in Medellin versus $702 in Binangonan.

Estimated couple costs with rent: $1,573 in Medellin versus $1,202 in Binangonan.

Monthly costs for a family of three with rent: $2,143 in Medellin versus $1,703 in Binangonan.

Living in Medellin is roughly 43% more expensive than in Binangonan, driven mainly by Clothing & Footwear.

Both cities sit below the global median: Medellin 25% lower, Binangonan 47% lower.

Meal at Budget Restaurant

$5.91 COP 18.6K

$4.66 ₱285

26.82%

Three-Course Dinner for Two, Mid-Range

$32.96 COP 103.8K

$21.03 ₱1,287

56.73%

Fast Food Meal (McDonalds, etc)

$7.43 COP 23.4K

$3.17 ₱194

134.38%

Cappuccino

$1.65 COP 5,207

$2.72 ₱166

-39.34%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.10 COP 3,468

$0.95 ₱58.4

15.79%

Water (0.33 liter bottle)

$0.78 COP 2,458

$0.37 ₱22.93

110.81%

Local Beer (0.5 liter draught)

$1.72 COP 5,412

$1.45 ₱88.6

18.62%

Imported Beer (0.33 liter bottle)

$3.18 COP 10.0K

$2.70 ₱166

17.78%

Milk (1 liter)

$1.10 COP 3,474

$1.92 ₱117

-42.71%

White Bread (500g)

$1.26 COP 3,962

$1.22 ₱74.4

3.28%

Rice (white) (1kg)

$1.38 COP 4,349

$1.04 ₱63.8

32.69%

Eggs

$2.18 COP 6,858

$2.00 ₱122

9.00%

Local Cheese (1kg)

$4.49 COP 14.1K

$6.90 ₱423

-34.93%

Chicken Fillets (1kg)

$5.79 COP 18.2K

$4.33 ₱265

33.72%

Beef Round Steak (1kg)

$8.97 COP 28.2K

$8.32 ₱509

7.81%

Apples (1kg)

$2.32 COP 7,308

$3.54 ₱216

-34.46%

Banana (1kg)

$1.06 COP 3,352

$1.54 ₱94.1

-31.17%

Oranges (1kg)

$1.52 COP 4,774

$2.98 ₱182

-48.99%

Tomato (1kg)

$1.36 COP 4,270

$1.66 ₱101

-18.07%

Potato (1kg)

$1.13 COP 3,552

$2.72 ₱167

-58.46%

Onion (1kg)

$1.17 COP 3,689

$3.02 ₱185

-61.26%

Lettuce (1 head)

$0.90 COP 2,838

$1.64 ₱100

-45.12%

Water (1.5 liter bottle)

$0.90 COP 2,823

$0.64 ₱39.33

40.63%

Cigarettes 20 Pack (Marlboro, Camel)

$2.23 COP 7,034

$3.28 ₱201

-32.01%

Wine (Bottle)

$12.12 COP 38.2K

$7.57 ₱463

60.11%

Local Beer (0.5 liter bottle)

$1.19 COP 3,743

$1.45 ₱88.8

-17.93%

Imported Beer (0.33 liter bottle)

$2.48 COP 7,815

$2.03 ₱124

22.17%

One-way Ticket (Public Transport)

$0.85 COP 2,687

$0.26 ₱15.85

226.92%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 131.0K

$7.03 ₱430

492.03%

Taxi Start (Normal Tariff)

$1.42 COP 4,459

$0.86 ₱52.7

65.12%

Taxi (Normal Tariff) (1km)

$1.95 COP 6,141

$0.22 ₱13.45

786.36%

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 24.8K

$2.11 ₱129

273.93%

Gasoline (1 liter)

$0.99 COP 3,118

$1.10 ₱67.0

-10.00%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$17.6K COP 55.4M

$25.5K ₱1.6M

-30.89%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.8K COP 84.4M

$20.7K ₱1.3M

29.54%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$83.0 COP 261.4K

$135 ₱8,273

-38.57%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$9.70 COP 30.5K

$21.64 ₱1,325

-55.18%

Internet (50+ Mbps, Unlimited Data)

$23.52 COP 74.1K

$27.72 ₱1,697

-15.15%

Gym Membership (Monthly)

$25.26 COP 79.5K

$34.40 ₱2,106

-26.57%

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.1K

$4.31 ₱264

343.16%

Cinema Ticket

$3.95 COP 12.4K

$6.63 ₱406

-40.42%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$316 COP 994.2K

$80.5 ₱4,928

292.24%

International Primary School, 1 Child (Yearly)

$5,975 COP 18.8M

$2,766 ₱169.3K

116.00%

Jeans (Levis 501 Or Similar)

$60.0 COP 188.9K

$31.50 ₱1,928

90.48%

Summer Dress (H&M, Zara, etc)

$31.82 COP 100.2K

$30.09 ₱1,842

5.75%

Sport Shoes (Adidas, Nike)

$102 COP 320.1K

$83.6 ₱5,114

21.69%

Men's Leather Business Shoes

$107 COP 338.3K

$45.95 ₱2,813

133.84%

1-bedroom Apartment, City Center (Monthly)

$475 COP 1.5M

$264 ₱16.1K

80.20%

1-bedroom Apartment, Outside City Center (Monthly)

$374 COP 1.2M

$75.2 ₱4,605

397.10%

3-bedroom Apartment, City Center (Monthly)

$849 COP 2.7M

$591 ₱36.2K

43.70%

3-bedroom Apartment, Outside City Center (Monthly)

$719 COP 2.3M

$396 ₱24.2K

81.80%

Buy Apartment in City Center (m2)

$3,265 COP 10.3M

$2,649 ₱162.2K

23.26%

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

$862 ₱52.8K

67.11%

Average Monthly Net Salary (After Tax)

$624 COP 2.0M

$426 ₱26.1K

46.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

8.13

65.19%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Medellin: July 27, 2026

Last update for Binangonan: July 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $475 in Medellin and $264 in Binangonan. Housing cost is often the main lever when comparing two cities.

Medellin pays 47% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $33.00 in Medellin vs $21.00 in Binangonan. Groceries flip the comparison at $193 vs $213, with Medellin cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Medellin vs Binangonan: Cost of Living - Frequently Asked Questions

Binangonan is cheaper overall, especially in Clothing & Footwear, Eating Out, Getting Around. The 43% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 47% higher in Medellin, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $475 in Medellin versus $264 in Binangonan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $316 in Medellin versus $80.5 in Binangonan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Medellin pay roughly 10% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $702 in Binangonan versus $1,003 in Medellin, a $1,500 budget is realistic in Binangonan but tight or insufficient in Medellin. The gap between the two cities makes Binangonan the clear choice for anyone on this budget.

For families, Binangonan is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Binangonan gentler on the wallet – expenses run 43% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.